All is not what it seems when reading the reporting. May has underscored that the UK will be 'going it alone' with an independent GPS system - this ahead of Gyimah's 'resignation'. So it would seem Mr Gyimah has an eye on bigger things ahead if he ...

Another UK minister quits in protest at PM May's Brexit deal

Oops! The side question deferred to Sir Jon Cunliffe regarding EU side 'disruptiveness' - 40 Trillion GBP (derivatives) lodged in UK clearing houses - so basically any threats of post Brexit artificial restrictions on 'passporting' etc... the UK ...

Stress testing the UK banking system: 2018 results

1.3T£ in line. What is interesting is what happens post Brexit deal sign off, with all that liquidity waiting in the wings - bodes well for an expansive UK economy - the complete opposite from the doomsday scenario.

EU withdrawal scenarios and monetary and financial stability- A response to the House of...

His statement points up the woeful incompetence and lack of real leadership there is with a lot of so-called elected representatives ensconced in the UK parliament. A complete bunch of emotive amateurs. But these are the ones the MSN media keep ...

Carney: Financial Stability Report, November 2018

Carney speeches tend toward balancing all possibilities against all probabilities. As he says - modelling scenarios not manufacturing forecasts - when it comes to macro economic events. Interesting that the BOE has a 'worst cast scenario' covered by ...

Carney: Financial Stability Report, November 2018

These figures are really a nonsense - think about it just by looking back 15 years* and seeing what's happened over those years. No one can predict the future any more than predict the weather 15 years from now. The flip side to this argument is ...

UK Gvt: No Deal Brexit Would Mean Econ Is 7.7Pct Smaller In 15 Years

Looks if it could be breaking 50$, then 42$ is not far away. Oversupply would suggest there's more to go, particularly if we have a mild winter in the northern hemisphere. Could we be looking at a 20$ per barrel WTI 2019?

Chinese President Xi faces potential 'humiliation' in shaky G20 trade talks with Trump

Tariffs = tax on the buying economy not on the seller. As an espouser of a free market, Trump's tariff decisions seem back to front. Better products get a better market share. Given that markup on average is 67% the only losers in the end are the ...

Trump may impose auto tariffs as early as next week: German magazine

If indeed The Mueller Investigation proves that to be the case. But then again it would go back to Trump's Russian connections - tough when you are held to account for your past actions. Truth takes no prisoners in the end.

UK PM May's Spokesman: PM Has No Specific Plans For Bilateral Meeting With US President Trump...

The problem is the process has been taken over by emotive self seeking politicians on the UK side compared to the bureaucratic machine that is the EU. GIGO - garbage in, garbage out. Fallon was demoted (due to a wandering hand problem) so is doing a ...

Brexit: Senior UK Lawmaker Fallon Says It May Be Possible To Delay The Date We Leave EU To...

I’d watch for pip flush-outs as the market rotates.

EU leaders seal Brexit deal, call on Britons to back May

I’d be very wary of any assumptions here. The emphasis needs to shift to actual detail as this process is progressed. Watchout for all things pertaining to fish. That includes the likely actions of bottom fishers....

EU27 has endorsed the Withdrawal Agreement and Political Declaration on the future EU-UK...

There is a possibility that Pedro Sánchez might push for something to be added to the draft deal that explicitly provides for continuity in the bilateral arrangements between Spain and the UK over Gibraltar. If granted, it will be seen as a win for ...

After my conversation with Theresa May, our positions remain far away. If there are no...

Corbyn has been out manoeuvred - he has hoped the conservative party would implode and do the business of removing the PM in the process. But we have seen paper tigers are more in evidence than any real threat. If Corbyn had had a real mandate from ...

UK PM May: If Deal Is Blocked By Parliament, We End Up Back To Square One

Got some resistance at 88320 so looking to see that breached for the next move down on EURGBP cross. On the daily, downside pressure is looking stronger than upside - just on the charts alone. Always a risk of a little pop in the opposite direction ...

Germany Composite PMI slips to near four-year low in November

People who have bought into the whole conspiracy hypothesis tend to seek conformation of said hypothesis hiding around every corner. Being a sceptic, tends to put you somewhere closer to the reality on the ground. The 'silent majority' are asking ...

UK PM May: If Deal Is Blocked By Parliament, We End Up Back To Square One

Some of those positions will be significant hedges - but even the brokerage won't know if that is the case. As price movements are driven by sentiment over exposure to risk - its more about the money flow to key levels of significance, than ...

Brexit Latest: Sterling (GBP) Remains Vulnerable to Deal Backlash

When you hold a conviction as a trader you would be foolish to put all your eggs into one basket.

EU’s Barnier Cites 'Working Hard' On Gibraltar Compromise

Resigning means giving up - May is a sticker. so would have to fall on a 'no confidence vote' from her party peers. As we've seen, that 'threat' has not materialised - the reason - there are currently no comparable MPs that could fill the position ...

UK PM May: If Deal Is Blocked By Parliament, We End Up Back To Square One

The Guardian 'newspaper' is a joke - again trotting out censorious nonsense. Seems any journalistic critical thinking goes out the window if there's some anti-Brexit scuttlebutt to be had. Spain has had just the same oversight of the prepared ...

Spain accuses UK of treachery over Gibraltar Brexit deal